Construction Begins for Wood Partners' New Colorado Property, Alta Green Mountain

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Mar 01, 2019, 18:22 ET

LAKEWOOD, Colo., March 1, 2019 /PRNewswire/ -- Wood Partners, a national leader in multi-family real estate development and acquisition, announced earlier today the start of construction for its new community – Alta Green Mountain – in Lakewood, Colorado.

Comprised of 260 garden-style homes, Alta Green Mountain is located at 13155 West Mississippi Court and is one of only four new market-rate rental properties to come online in the North Lakewood submarket since 2010.

"Alta Green Mountain provides much needed, high-quality housing to this area," said Tim McEntee, Managing Director for Wood Partners. "Future residents will have immediate access to the amenities, culture and retail hotspots they have come to expect from North Lakewood while enjoying immediate access to high-powered career opportunities and spectacular mountain and city views."

Located just minutes from downtown Denver, the Denver Tech Center and the Denver Federal Center – the largest concentration of federal employees outside of Washington D.C. – Alta Green Mountain is within walking distance to the new St. Anthony's hospital. The community is also centrally located in a transit-friendly area, in close proximity to the Denver Federal Center light rail station.

"Alta Green Mountain will be similar to Wood Partners' wildly successful property, Alta Pinehurst, located in South Lakewood," said McEntee, "which has enjoyed tremendous success. We are excited to replicate that Class A experience for the new, North Lakewood submarket."

Alta Green Mountain is poised to take advantage of all the cultural offerings of the larger Denver area. Located less than a mile away from the Green Mountain Recreational Center and 7 miles from Red Rocks Amphitheatre, residents have unprecedented access to nature. Additionally, the residential community is located a short drive from Belmar, a mixed-use open-air lifestyle mall that features such high-end retailers as Whole Foods Market and Nordstrom.

Alta Green Mountain has been designed to offer residents the ultimate A-class living experience. The units are comprised of one-, two- and three-bedroom floor plans and nearly fifty percent of the units have attached garages. Community-wide amenities include a clubhouse with fitness center and cyber café, a resort-style swimming pool, and a bike/ski repair shop, as well as car charging stations. Interior finishes include granite countertops, stainless steel appliances, and 42-inch wood cabinetry.

Opening in August 2019, Alta Green Mountain totals 260 units. Pre-leasing will begin in July 2019.

For more information, visit www.woodpartners.com.

About Wood Partners

Wood Partners is a national real estate company that acquires, develops, constructs and property manages multifamily communities. It ranks consistently among the top five multifamily developers in the country. Through quality construction, responsible land development and intelligent design, its communities reflect the aesthetic and social fabric of the community and provide a luxurious living experience at a fair price. The company has been involved in the acquisition and development of more than 73,000 multifamily homes with a combined capitalization of more than $12.8 billion nationwide. The company currently owns 70 properties across the United States with a combined total of 20,000 homes. Wood Partners has offices in 18 major markets nationwide including Atlanta, Austin, Boston, Charlotte, Chicago, Dallas, Denver, Houston, Los Angeles, Nashville, Orange County, Orlando, Phoenix, Portland, Raleigh-Durham, San Francisco, Washington, D.C., and West Palm Beach.